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MGIC Investment Corp (NYSE: MTG) director updates RSU grant after admin error

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

MGIC Investment Corp director amends prior insider filing to correct a restricted stock unit grant. The director reports acquiring 5,075.188 RSUs on February 4, 2026 under MGIC’s Omnibus Incentive Plan, with no cash paid for the award, and now directly holds 35,030.0511 shares of common stock.

The filing explains that the originally reported RSU amount was overstated by 1.909 units due to an administrative error, and this amendment updates the figure. The RSUs are scheduled to settle in stock ten business days after February 1, 2027, unless the director previously elected a later distribution date.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hartzell Jay C.

(Last) (First) (Middle)
C/O MGIC INVESTMENT CORPORATION
250 EAST KILBOURN AVENUE

(Street)
MILWAUKEE WI 53202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MGIC INVESTMENT CORP [ MTG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/04/2026 A 5,075.188(1)(2) A (3) 35,030.0511 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Share Units(4) (5) (6) (7) Common Stock 19,526.7936 19,526.7936 D
Explanation of Responses:
1. These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person.
2. Due to administrative error, the number of share units reported as acquired on February 4, 2026 was overstated by 1.909 shares. This amended Form 4 is being filed to correct the previously reported number.
3. These RSUs were awarded to the reporting person pursuant to the Issuer's Omnibus Incentive Plan and no price was paid by the reporting person for them.
4. The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
5. These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
6. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
7. These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.
Remarks:
Leslie A. Schunk, Attorney-in-Fact 02/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MGIC Investment Corp (MTG) disclose in this Form 4/A?

MGIC Investment Corp disclosed that a director acquired 5,075.188 restricted stock units on February 4, 2026. The award was granted under the company’s Omnibus Incentive Plan, with no cash paid by the director for the units received.

Why was this MGIC Investment Corp (MTG) Form 4/A filed as an amendment?

The Form 4/A corrects an administrative error in a prior report that overstated the number of RSUs acquired by 1.909 units. This amendment updates the RSU grant figure to 5,075.188 units for accurate disclosure of the director’s equity compensation.

When will the MGIC (MTG) director’s restricted stock units from this filing be settled?

The restricted stock units are scheduled to be settled in stock ten business days after February 1, 2027. Settlement timing can be later if the director made a qualified election for deferred distribution under the plan’s rules.

How many MGIC Investment Corp (MTG) common shares does the director own after this transaction?

Following the reported RSU grant, the director beneficially owns 35,030.0511 shares of MGIC common stock directly. This figure reflects the updated grant amount after correcting the previously overstated number of restricted stock units.

What are the cash-settled share units mentioned in the MGIC (MTG) Form 4/A?

The director holds 19,526.7936 share units under MGIC’s Deferred Compensation Plan for Non-Employee Directors. These units track MGIC common stock value one-for-one and are settled in cash on a specified date, subject to any qualified deferral election.

Did the MGIC (MTG) director pay a price for the RSUs reported in this filing?

No, the director did not pay any purchase price for these RSUs. The units were awarded as part of compensation under MGIC Investment Corp’s Omnibus Incentive Plan, consistent with typical equity-based grants to non-employee directors.
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